OCI Partners LP (NYSE:OCIP) insider Nassef Sawiris purchased 108,518 shares of the business’s stock in a transaction dated Wednesday, November 23rd. The shares were purchased at an average cost of $5.69 per share, for a total transaction of $617,467.42. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Nassef Sawiris also recently made the following trade(s):

  • On Thursday, September 15th, Nassef Sawiris purchased 900 shares of OCI Partners stock. The shares were purchased at an average cost of $5.79 per share, for a total transaction of $5,211.00.
  • On Tuesday, September 13th, Nassef Sawiris purchased 36,100 shares of OCI Partners stock. The shares were purchased at an average cost of $6.04 per share, for a total transaction of $218,044.00.
  • On Thursday, September 8th, Nassef Sawiris purchased 198,500 shares of OCI Partners stock. The shares were purchased at an average cost of $6.04 per share, for a total transaction of $1,198,940.00.

OCI Partners LP (NYSE:OCIP) opened at 5.60 on Friday. OCI Partners LP has a 1-year low of $4.95 and a 1-year high of $8.50. The firm’s market cap is $487.18 million. The firm has a 50-day moving average price of $5.72 and a 200 day moving average price of $6.49.

Insider Buying and Selling by Quarter for OCI Partners (NYSE:OCIP)

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A number of institutional investors have recently made changes to their positions in OCIP. Citigroup Inc. raised its position in shares of OCI Partners by 197.4% in the second quarter. Citigroup Inc. now owns 27,206 shares of the company’s stock valued at $205,000 after buying an additional 18,057 shares during the last quarter. Credit Capital Investments LLC raised its position in shares of OCI Partners by 655.0% in the second quarter. Credit Capital Investments LLC now owns 596,487 shares of the company’s stock valued at $596,000 after buying an additional 517,482 shares during the last quarter. Finally, Morgan Stanley raised its position in shares of OCI Partners by 0.6% in the third quarter. Morgan Stanley now owns 9,489,471 shares of the company’s stock valued at $56,083,000 after buying an additional 53,977 shares during the last quarter. 13.86% of the stock is owned by hedge funds and other institutional investors.

Several brokerages have recently issued reports on OCIP. TheStreet raised OCI Partners from a “sell” rating to a “hold” rating in a research note on Monday, October 3rd. Citigroup Inc. cut their price target on OCI Partners from $8.00 to $6.50 and set a “neutral” rating on the stock in a research note on Monday, August 8th.

OCI Partners Company Profile

OCI Partners LP owns and operates an integrated methanol and ammonia production facility that is located on the Texas Gulf Coast near Beaumont. The Company has an annual methanol production capacity of approximately 912,500 metric tons and an annual ammonia production capacity of approximately 331,000 metric tons.

5 Day Chart for NYSE:OCIP

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